Today’s ever-shifting business environment means that consumers, businesses, employers, and employees all expect to transact digitally. To ...

As a Credit Union Service Organization (CUSO), we operate at the nexus of innovation and regulatory diligence, empowering ...

Here are a few of the institutions that grabbed regulators' attention in 2024 and are expected to continue attracting ...

Compliance was key in auto finance in 2024 as federal regulators imposed hefty fines against major banks and pushed for ...

In this month's article, we share some of our top "bites" for the prior and current month covered during the November 2024 webinar.

CFPB’s lawsuit alleges that Walmart and Branch opened Branch accounts for Spark drivers, and Walmart then deposited drivers’ pay into said accounts without the drivers’ consent.

And drivers paid a combined total of $10 million in “junk fees” to transfer those wages into other bank accounts, CFPB alleges. “Companies cannot force workers into getting paid through ...

Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of ...

“When people come to the CFPB, we require those companies to respond, and every single day, problems get fixed…we can't really have a system where people are getting ripped off with impunity ...

The CFPB announced a lawsuit against Bank of America ... "These banks broke the law by running a payment system that made fraud easy and then refusing to help the victims. Consumers couldn't protect ...